FAQS
- WHY INVEST $100,000 IN A STORAGE SPACE?
If that were the sole purpose, most likely you wouldn’t. And the sentiment holds true for over 100 existing unit owners at Midway Industrial Park. What you’re acquiring here is a versatile workspace, hobby haven, and storage area that enhances your lifestyle. Additionally, you gain equity while reaping the benefits of its usage. Midway Industrial Park units hold commercial zoning and construction, paving the way for diverse applications, a broader clientele, and subsequently, elevated real estate value beyond mere storage condominiums.
- CAN I CONSTRUCT MY OWN SPACE AT MIDWAY INDUSTRIAL PARK?
Certainly, if you’re willing to expend more resources for lesser returns and invest considerable time. The condominium approach offers substantial advantages compared to the do-it-yourself route. Lower expenses for land, site enhancements, and construction, along with conserving your most invaluable asset – time! Moreover, when you decide to sell, finding a buyer becomes easier due to the established business condominium locale. In essence, creating a product of equivalent quality in a prime location for under $100,000 is a challenge.
However, if you find satisfaction in the rigors of property development, we’re open to collaboration. Reach out to us about becoming a Midway Industrial Park development partner.
- HOW ARE THE UNITS UTILIZED?
The applications are virtually limitless, and for most owners, these units serve multiple functions. Individuals can lease out space, utilize portions for their needs, and take pride in their real estate investment. As we expand, personalization continues to diversify – from ballroom dancing to woodworking, even internet-based ventures requiring inventory storage. Some individuals have outgrown their garages and seek a top-tier, customized hobbyist workshop to express their creativity.
Ultimately, it’s about accommodating flexibility today and in the future as your lifestyle and requirements evolve.
- WHAT ABOUT THE PRESENT REAL ESTATE MARKET?
There’s a compelling rationale for today being the optimal time to invest. Simply put, we cannot construct units tomorrow at a more favorable cost than we can today. Land prices have surged and will persist in their ascent. Concurrently, material expenses continue to rise. This signifies that units procured two years down the line will carry a heftier price tag. With the prospect of owning a top-notch, commercially zoned workspace and storage area for around $100k, you’re virtually ensured a profit upon resale. Furthermore, during a downturn, losses only materialize if you decide to sell.
- WHAT DRIVES THE VALUE OF MIDWAY INDUSTRIAL PARK UNITS?
- Strategic Site Selection: We strategically secure prime properties at market lows, in convenient locales not typically accessible to individual buyers. This competitive edge aligns with rental alternatives while delivering amplified value to our unit owners.
- Quality Materials and Expert Craftsmanship: Drawing from over two decades of construction expertise, we maintain exceptional quality while optimizing costs. This ensures you possess a space you can take pride in, at an unbeatable price point.
- Adaptable Design: Equipped with amenities such as offices, plumbing, high doors, and more, rest assured your unit caters to your needs. This aspect significantly propels resale value.
- HOW ARE THESE PROPERTIES CATEGORIZED?
All properties within Midway Industrial Park hold commercial zoning.